Berkshire Retailer Specialising In Quality Bespoke Furniture For Sale

Business description

Furniture retailer – specialising in quality bespoke and ready made furniture for indoors and outdoors, plus accessories

Turner Butler has been appointed to invite offers of purchase for the entire Issued Share capital of a furniture retailer with two retail outlets and a fast growing e-commerce presence, specialising in quality bespoke and ready made furniture for indoors and outdoors, plus accessories.

Key strengths:

The Company has the following key attributes:

• two prime retail locations with an increasingly important e-commerce site
• a good mix of products and prices – branded and unbranded, furniture, bespoke, in stock or fitted furniture etc plus accessories.
• complementary stores – seasonality, target audiences etc.
• excellent supplier relationships – can supply bespoke furniture within four weeks of order.
• easy management – the retail locations are within a thirty minute drive of each other.

The Company provides an acquirer with:

• a fast growing business – up to £800,000 turnover is forecast in only the fourth year of trading
• an excellent base from which to establish a strong regional chain

Next steps:

If you are interested in receiving further information, please sign and return the attached Confidentiality Agreement. In returning the Agreement we would be grateful if you could provide us with details of your interest in this opportunity along with your funding position.

All enquiries or requests for additional information should be submitted or directed to Tony Bell at Turner Butler

Financial profile:

For the financial year ending May 2012, the business achieved a turnover of approximately £850,000 and a pre-tax net operating profit of approximately £150,000.

The Asking Price of £440,000 is for a sale of the entire Issued Share capital in the Limited company based on a Balance Sheet value of £64,000.
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